Income Tax Archives - Page 2 of 8

Section 80C to 80U Income Tax Deductions

Section 80C to 80U includes multiple tax saving options with old tax regime to reduce your tax liability. EPF, 5 Year Fixed Deposits, ELSS..

Section 10(5) of income tax act allows income tax exemption for travel cost incurred by you within India as LTA exemption or LTC exemption..

Section 10(13A) of income tax act allows to claim HRA (House Rent Allowance) that you receive in your salary payslip if you pay house rent

Section 80RRB of income tax act allows you to claim deduction on income earned from royalty payments received on patent work created by you..

Section 80GGC of income tax act allows an Individual to claim deduction against donation paid to political party or electoral trust in India

Section 80GGB of income tax act allows Indian Company to donate or contribute to political party or electoral trust to save income tax..

Section 80DD of income tax act allows claiming deduction for expenses occurred to take care of physically disabled person in family..

Section 80G of income tax act allows you to claim donations made to relief fund or charitable organizations as deductions with old tax regime

Section 80U of income tax act allows you to claim tax deduction if you are physically disabled with at least 40% of disability percentage..

Section 80DDB of income tax act allows you to claim deduction against the medical expenses occurred for specific diseases mentioned below..